IDIA Strategic Collaboration with the Organisation for Economic Cooperation and Development (OECD)
1 AUGUST 2021
The Organisation for Economic Co-operation and Development (OECD) and the International Development Innovation Alliance (IDIA) today signed a strategic Collaborative Agreement to jointly advance innovation for development.
The newly launched OECD Innovation for Development Facility (INDEF) will be the main interlocutor for this collaboration with IDIA. Together, the two entities will work on promoting and facilitating investments in innovation for development. For the first year, the collaboration will focus on will focus on deepening the awareness of the purpose and roles of innovation in international development, strengthening engagement among DAC members and exploring ways to collectively support innovation ecosystems in low and middle-income countries..
“This collaboration with IDIA will help to further position strategic innovation as a core part of international development co-operation in the OECD Development Assistance Committee. The lessons from IDIA members can help accelerate learning on what works to leverage the potential of innovation across bilateral development providers and beyond.”
— Benjamin Kumpf, Head of the OECD Innovation for Development Facility
The OECD Development Assistance Committee (DAC) has the unique role to set standards and guide international development co-operation. The newly expanded work stream on innovation provides members of the DAC with support to better manage innovation efforts and to enhance the collaboration with innovators from the Global South. Given IDIA’s unique experience and status as the leading collaboration platform for innovation funders around the world, joining forces will accelerate and deepen our collective impact in addressing some of the most urgent development challenges of our time.
“We welcome the strategic partnership between the OECD-DAC Secretariat and IDIA. Over the last few years, both entities have worked to advance innovation practices in support of the Sustainable Development Goals. We look forward to this partnership contributing to the broad sharing of lessons from innovation in support of development effectiveness, and to accelerating innovation for development impact.”
— Carla Hogan, Director General, Global Affairs Canada & IDIA Principal Representative
About the Organisation for Economic Cooperation and Development (OECD)
The Organisation for Economic Co-operation and Development (OECD) is an international organisation that works to build better policies for better lives. The goal of the OECD is to shape policies that foster prosperity, equality, opportunity and well-being for all. The OECD Development Co-operation Directorate promotes coordinated, innovative international action to accelerate progress towards the Sustainable Development Goals (SDGs) in developing countries and houses the Innovation for Development Facility. The OECD supports the Development Assistance Committee (DAC) and helps set international principles and standards for development co-operation, and monitors how donors deliver on their commitments.
For more information, visit www.oecd.org
